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$3,350,000  (list price)
$3,350,000
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Single Family:  2 Stories
4 br • 4 ba • Built 2020
3,172 sqft • 0.17 acres
Minnetonka schools
MLS# 7051213
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    Property Description

    Welcome to 365 Lakeview Ave in Tonka Bay, an exceptional 4-bedroom, 4-bathroom Lake Minnetonka home with a heated 3-car garage, panoramic south-facing water views, and an outstanding setting directly on Gideon Bay. Positioned on a level, professionally landscaped lot with a beautiful riprap shoreline, lawn irrigation system, and excellent water quality, this property captures the best of Lake Minnetonka living with expansive lake views and a highly desirable orientation that provides abundant natural light throughout the day. The backyard is also an incredible vantage point for enjoying the Excelsior Bay 4th of July fireworks, creating a front-row lake experience without ever leaving home. Inside, the home offers a deluxe gourmet kitchen with high-end appliances, Cambria countertops, and an inviting layout designed for both everyday living and entertaining, while integrated Sonos ceiling speakers throughout the house create a seamless whole-home audio experience. The covered deck dramatically expands the living space outdoors and is equipped with radiant heaters, ceiling fans, speakers, Phantom Screens, and a TV hookup, making it an ideal place to relax or entertain throughout much of the year while overlooking Gideon Bay. All four bedrooms are conveniently located on the upper level, including a versatile fourth bedroom above the garage that could easily function as a recreation room, bonus room, media room, or additional family room depending on your needs. The heated 3-car garage is another standout feature, complete with in-floor heat for year-round comfort and exceptional storage. Outside, the professionally designed landscaping enhances the lakefront setting. The property is located next to a fire lane, creating a substantial amount of additional open space along the east side of the home and providing greater separation from the neighboring property. Beyond the home itself, this quiet and highly desirable Tonka Bay street offers an outstanding Lake Minnetonka lifestyle just a short walk from the Caribbean Marina area and lakeside dining, while nearby Wekota Park and Beach features a sandy Lake Minnetonka beach, playground, walking trail, picnic areas, basketball, one tennis court, and three pickleball courts. Tonka Bay is also ideally positioned just west of Excelsior, putting the shops, restaurants, waterfront amenities, and vibrant downtown Excelsior area within easy reach. With its prime Gideon Bay frontage, level lakeside lot, panoramic south-facing views, exceptional outdoor entertaining spaces, gourmet kitchen, four upper-level bedrooms, heated three-car garage, and walkable access to some of Tonka Bay's best recreation and lake amenities, 365 Lakeview Ave offers a rare opportunity to enjoy one of the most desirable lifestyles on Lake Minnetonka.

    Listing

    Contingency: None
    Price per sq ft: $1,056
    City: Tonka Bay
    County: Hennepin
    State: MN
    Property Style: 2 Stories
    Zip Code: 55331
    Subdivision Name: Minnetonka Lake Park

    Interior

    Living Area: 3,172 ft2
    Common Wall: No
    Appliances Included:
    • Cooktop
    • Dishwasher
    • Disposal
    • Double Oven
    • Dryer
    • Exhaust Fan
    • Humidifier
    • Microwave
    • Refrigerator
    • Stainless Steel Appliances
    • Tankless Water Heater
    • Wall Oven
    • Washer
    • Water Softener Owned
    • Wine Cooler
    Fireplace Details:
    • Gas
    • Living Room
    Basement Details: None

    Exterior

    Stories: Two
    Garage Spaces: 3
    Garage Dimensions: 33x24
    Garage Size: 800 ft2
    Air Conditioning: Central Air
    Foundation Size: 1,384 ft2
    Fencing: None
    Handicap Accessible: None
    Road Responsibility: Public Maintained Road
    Heating System:
    • Forced Air
    • In-Floor Heating
    Parking Features:
    • Attached Garage
    • Concrete
    • Finished Garage
    • Garage Door Opener
    • Heated Garage
    • Storage
    Unit Amenities:
    • Boat Slip
    • Ceiling Fan(s)
    • Deck
    • Dock
    • Hardwood Floors
    • In-Ground Sprinkler
    • Kitchen Center Island
    • Kitchen Window
    • Panoramic View
    • Porch
    • Primary Bedroom Walk-In Closet
    • Security System
    • Tile Floors
    • Vaulted Ceiling(s)
    • Walk-In Closet
    • Washer/Dryer Hookup
    Road Frontage:
    • City Street
    • Paved Streets
    Pool: None
    Roof Details:
    • Age 8 Years or Less
    • Architectural Shingle
    • Asphalt
    • Metal
    • Pitched

    Rooms

    1/4 Baths: None
    Full Baths: 1
    Half Baths: 1
    3/4 Baths: 2
    Bathroom Details:
    • Bathroom Ensuite
    • Double Sink
    • Full Primary
    • Main Floor 1/2 Bath
    • Private Primary
    • Separate Tub & Shower
    • Upper Level 3/4 Bath
    • Walk-In Shower Stall
    Dining/Kitchen:
    • Breakfast Area
    • Breakfast Bar
    • Eat In Kitchen
    • Informal Dining Room
    • Kitchen/Dining Room
    • Living/Dining Room
    Laundry:
    • Laundry Room
    • Upper Level
    Upper Level Size Sq Ft
    Bedroom  —  — 
    Bedroom 4  —  — 
    Laundry  —  — 
    Bedroom 2  —  — 
    Bedroom 3  —  — 
    Main Level Size Sq Ft
    Dining Room  —  — 
    Family Room  —  — 
    Kitchen  —  — 
    Living Room  —  — 
    Mud Room  —  — 
    Pantry (Walk-In)  —  — 
    Screened Porch  —  — 

    Lake & Waterfront

    Waterfront Present: Y
    Waterfront View: Lake, Panoramic, South
    WF Frontage: 62
    Elev Highpt to WF feet: 4-10
    Waterfront:
    • Dock
    • Lake Front
    • Lake View
    Lake Bottom: Sand

    Lot & Land

    Acres: 0.17
    Geolocation: 44.913199, -93.577968
    Lot Dimensions: 50 x 132 x 62 x 162
    Zoning: Residential-Single Family
    Lot Description: Tree Coverage - Light

    Schools

    School District: 276
    District Phone: 9524015000

    Financial & Taxes

    Tax Year: 2026
    Annual Taxes: $32,738
    Lender-owned: No
    Assessment Pending: No
    Taxes w/ Assessments: $32,738
    Association Fee Required: No
    Association Fee: None

    Miscellaneous

    Fuel System: Natural Gas
    Sewer System: City Sewer/Connected
    Water System: City Water/Connected
    Power Company Name: Xcel Energy

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    Local Home Mortgage Professionals

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    Branch Sales Manager
    Fairway Home Mortgage    NMLS#274211
    612-961-2600
    Eric Bloomstrand is a Branch Sales Manager at Fairway Home Mortgage with 30+ years of experience in the mortgage banking services industry. Eric has extensive skills in construction loans, FHA financing, VA loans, USDA, and first-time buyer down payment assistance programs. He is a well-qualified finance professional with a Bachelor of Science focused in Finance and Marketing from Minnesota State University, Mankato. Helping individuals acquire their dream home is his passion.
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    Listing provided by RMLS, courtesy of RE/MAX Results.
    Disclaimer: The information contained in this listing has not been verified by TheMLSonline.com and should be verified by the buyer.